2021 Automotive Cybersecurity Market is Booming: Who is Making Money, Who is Paying the Price?

(Heraldkeepers via Comtex)

The Automotive Cybersecurity Market size is projected to reach USD XX Million by 2026, from USD XX Million in 2020 growing at a CAGR of 17.5% during 2021-2026.The research covers the current and historic automotive cybersecurity market size and its growth trend with company outline of Key players/manufacturers: Infineon Technologies AG, Argus Cyber Security, Intel Corporation, Trillium Inc., Harman International Industries, Inc., Delphi Automotive PLC, Lear Corporation, SBD Automotive & Ncc Group, Arilou Technologies, Karamba Security and ESCRYPT GmbH among others.

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Driver: Reinforcement of mandates by regulatory bodies for vehicle data protection

The Security and Privacy in Your (SPY) Car Act, legislation proposed in the US in 2015, aims to mandate that critical software systems in cars are isolated and that the entire vehicle is safeguarded against hacking by using cybersecurity measures. It also specifies that data stored in the car should be secured to prevent unauthorized access, and vehicles should detect the same, alert the drivers, and respond to hacking attempts in real-time. Along with these measures, the act, which is developed by the National Highway Traffic Safety Administration (NHTSA) will also regulate the information collected, transmitted, or shared by the vehicle by sharing the same with its owner.

Restraint: Complex ecosystem with multiple stakeholders

The automotive industry has been a focus area for many non-automotive technology companies as the value chain is fragmented, and revenue distribution has become a challenge for stakeholders. The development of countermeasures is challenging because of the lack of standardization of cybersecurity solutions. The solutions for cybersecurity depend on the specifications given by the OEMs. These solutions vary due to the use of different platforms in the same vehicle model, differences in the electronic architecture, and different features in the vehicle. As a result, the automotive cybersecurity solution providers face integration risks to deal with threats and vulnerabilities of a vehicle.

Recent Developments

In July 2020, Continental has adopted Renesas' high-performance Renesas R-Car M3 system-on-chip (SoC) for its first-generation body high-performance computer (HPC). The HPC is an automotive computing platform that provides centralized control of vehicle systems and is equipped with secure gateway functionality to enable cloud service connectivity.

In June 2020, Upstream Security, announced that it had joined the Amazon Web Services (AWS) Partner Network as a Select Tier Technology Partner. Upstream Security pioneered automotive cloud cybersecurity and unlocked the value of automotive data, ensuring that connected vehicles and mobility services are safe, secure, and operating optimally.

In March 2020, Argus Cyber Security and NXP Semiconductor announced a new integrated solution that allows carmakers to protect Ethernet network communications based on the NXP S32G vehicle processor. The joint solution consists of 1) Argus’ Ethernet Intrusion Detection System (IDS), which detects malicious activity at the network and application layers to keep drivers connected and protected. 2) NXP’s S32G processor, a key building block for future vehicles, creates new opportunities with service-oriented gateways.

In March 2020, GuardKnox opened a new subsidiary in Detroit to support the automotive client base in North America and expand global reach. The Livonia location enables GuardKnox to serve its existing US customers better, build partnerships, and initiate business in the US. It is onboarding new business development leaders, project managers, and engineers.

In December 2019, SafeRide Technologies and NXP Semiconductors announced the integration of vSentry Edge AI -embedded behavioral profiling and anomaly detection solutions for connected vehicles with the NXP vehicle network processors.

In July 2019, Karamba Security announced the signing of a production agreement of its leading Carwall runtime integrity software, in Alpine infotainment systems. The platform provides ECU self-protection against remote code execution (RCE), helping to protect vehicles from cyberattacks.

Major Classifications are as follows:

Automotive Cybersecurity Market: By Vehicle Type

Passenger Car
Commercial Vehicle
Electrical Vehicle

Automotive Cybersecurity Market: By Service

In-vehicle Services
External Cloud Services

Automotive Cybersecurity Market: By Security

Wireless Network

Automotive Cybersecurity Market: By Application

ADAS & Safety System
Body Electronics

Automotive Cybersecurity Market: By Geography

United Kingdom
Rest of Europe
South Korea
Rest of Asia Pacific
North America
South America
Rest of South America
Rest of the World
Middle East

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Automotive Cybersecurity Market : Report Chapters

Chapter 01 - Executive Summary

Chapter 02 - Market Overview

Chapter 03 - Key Market Trends

Chapter 04 - Key Success Factors

Chapter 05 - Global Automotive Cybersecurity Market – Pricing Analysis

Chapter 06 - Global Automotive Cybersecurity Market Demand (in Value or Size in US$ Mn) Analysis and Forecast, 2021-2026

Chapter 07 - Market Background

Chapter 08 - Global Automotive Cybersecurity Market Analysis () & Opportunity Assessment , By Product Type

Chapter 09 - Global Automotive Cybersecurity Market Analysis & Opportunity Assessment , by Distribution Channel

Chapter 10 - Global Automotive Cybersecurity Market Analysis & Opportunity Assessment , by Region

Chapter 11 - North America Automotive Cybersecurity market Analysis & Opportunity Assessment

Chapter 12 - Latin America Automotive Cybersecurity Market Analysis & Opportunity Assessment

Chapter 13 -Europe Automotive Cybersecurity market Analysis & Opportunity Assessment

Chapter 14 - East Asia Automotive Cybersecurity market Analysis and Forecast

Chapter 15 - South Asia Automotive Cybersecurity market Analysis and Forecast

Chapter 16 - Oceania Automotive Cybersecurity market Analysis and Forecast

Chapter 17 - MEA Automotive Cybersecurity market Analysis & Opportunity Assessment

Chapter 18 - Market Structure Analysis

Chapter 19 - Competition Analysis

Chapter 20 - Assumptions and Acronyms Used

Chapter 21 - Research Methodology

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